Banyan Water Saves More Than 339 Million Gallons of Water for Enterprises in 2017

Water-first IoT platform also adds notable campuses and REITs to
growing portfolio

AUSTIN, Texas–(BUSINESS WIRE)–Banyan
Water, the leading provider of data-driven water conservation for
the built environment, today released its 2017 impact report, in which
the company announced it saved more than 339 million gallons of water
for its more than 1,000 acres under management spanning 15 states.

Additional highlights from the report include:

Among the company’s newest customers are General Investment &
Development Companies, BH Management, The Thacher School and Eden
Housing.

“As a large campus situated in a frequently draught-stricken region, it
is crucial our team remain aware of our water usage on a real-time
basis,” said Michael Mulligan, head of the Thacher School. “Upon
implementing Banyan’s technology, we projected savings of more than 11
million gallons of water per year. We are excited about the insights we
are already receiving and look forward to the millions of gallons of
water we will conserve in the future.”

Banyan implements advanced data analytics software across entire
property portfolios and smart cities to address water issues in their
entirety. Its IoT-based platform offers unprecedented, easily viewed
insights into indoor, outdoor and cooling tower water usage, helping
companies navigate the growing problem of water scarcity to save money
and water.

“Banyan has saved billions of gallons of water to date for properties
across the country with our water-first platform,” said Gillan Taddune,
CEO of Banyan Water. “The value of a property’s granular data displayed
through Banyan’s easy-to-understand data interface is exemplified not
only in the asset value we have returned to properties, but in the
number of prominent REITs we’ve welcomed into our client family.”

About Banyan Water

Founded in 2011, Banyan Water is the leading provider of data-driven
water conservation for enterprises. Using smart devices and real-time
monitoring and analytics, Banyan protects Earth’s most precious resource
while generating untapped revenue for clients. Since the company’s
inception, Banyan has saved more than 2.3 billion gallons of water,
enough to meet the water needs of more than 16,000 households for a
year. For more information, visit www.banyanwater.com.

Contacts

for Banyan Water
Emma Chase
[email protected]